GM reveals Corvette EV concept car as it reconfirms commitment to Europe

GM reveals Corvette EV concept car as it reconfirms commitment to Europe


An angle view of the new Chevrolet Corvette concept car.

GM

DETROIT — General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England.

The car features a sleek, aerodynamic exterior that resembles a futuristic IMSA race car more than a traditional Corvette, but it does pay some homage to the American sports car in featuring a split window design from the 1963 Sting Ray model, among other design elements.

GM said the new concept — which is a “design study” not intended to be a production model — and design studio show the Detroit automaker’s continued “commitment to Europe as the company scales its Cadillac electric vehicle business there, while also preparing to launch Corvette sales” across the region.

The Corvette concept and U.K. design center opening come at an inopportune time as the U.S. and the world’s largest automotive markets partake in a trade war with tariffs, including between America and Europe. 

The front view of GM’s new Chevrolet Corvette concept car.

GM

GM is attempting to reenter Europe after selling off its Opel European division to then-PSA Groupe, now part of Stellantis, in 2017.

Automakers routinely use concept vehicles to gauge customer interest, showcase future technologies and signal the direction of a vehicle or brand.

GM said Monday the U.K. concept is part of a global design project involving multiple studios that will see additional Corvette concepts revealed throughout 2025. The carmaker has other design studios in or near Detroit, Los Angeles, Shanghai and Seoul, South Korea.

The side view of GM’s new Chevrolet Corvette concept car.

GM



Source

The flight patterns of private-jet setters are changing, says NetJets CEO
Business

The flight patterns of private-jet setters are changing, says NetJets CEO

Market volatility and geopolitical tensions haven’t slowed demand for private jets, although the travel patterns of the wealthy are changing, according to the president of NetJets. The summer travel season is shaping up to be another strong year for NetJets, with wealthy Americans traveling both within the U.S. and Europe, NetJets President Patrick Gallagher told […]

Read More
Kroger’s shares rise as grocer says shoppers seek lower prices, cook more at home
Business

Kroger’s shares rise as grocer says shoppers seek lower prices, cook more at home

Shares of Kroger rose about 9% on Friday as the supermarket operator raised its full-year sales outlook and said it’s drawing shoppers seeking lower-priced store brands and cheaper alternatives to dining out. The Cincinnati-based grocer said it now expects identical sales, excluding fuel, to increase by 2.25% and 3.25% year over year, higher than its […]

Read More
JPMorgan Chase beefs up mobile app with bond trading as bank targets  trillion in assets
Business

JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in assets

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 22, 2025. Qilai Shen | Bloomberg | Getty Images Once a laggard in the online investing game, JPMorgan Chase now believes it is a leader. The […]

Read More